"I invested what I can not afford to loose", Michael Saylor meant to this is that he can't miss investing into bitcoin. He's telling people they should buy bitcoin and not ignore it for their future.
While the phrase "invest what you can afford to lose" says don't invest too much on something you don't completely understand. All investments has risks so only put a money that won't give you stress if things don't go well in the long run.
Definitely.
Even BTC has some. But they are minimal, unlike on other coins
